Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125119
Authors: 
Inci, Eren
van Ommeren, Jos N.
Kobus, Martijn
Year of Publication: 
2015
Series/Report no.: 
Tinbergen Institute Discussion Paper 15-117/VIII
Abstract: 
Existing work emphasizes the importance of traffic congestion externalities, but typically ignores cruising-for-parking externalities. We introduce a novel methodology to estimate the marginal external cruising costs of parking. The level of cruising is identified by examining to what extent the car inflow rate into the parking location falls with parking occupancy level. For a commercial street in Istanbul, we demonstrate that a marginal car parking for one hour induces 3.6 other cars to cruise for parking. This translates into an external cruising cost that far exceeds the external traffic congestion cost created by the trip.
Subjects: 
administrative parking data
cruising for parking
external costs of parking
parking fee
parking occupancy rate
JEL: 
D62
H23
L91
R41
R48
Document Type: 
Working Paper

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